Right now we are in a distinct seller’s market, which has caused home prices to go up and up and up. That sounds like great news to homeowners. However, there is a downside to your home’s value increasing: property taxes.
Even if property assessments weren’t coming up, there are many people who are currently paying too much in property taxes. As your home value goes up even more, when you sell your home, you may have to pay more in property taxes.
Check out your property assessment today to find out if the assessed value is accurate. You can call the courthouse and ask them to mail the assessment or we can reach out to the courthouse for you. If you think the assessed value is wrong, check the assessment for errors. Make sure the square footage is accurate and that the assessor didn’t miss something on your property.
Even if property assessments weren’t coming up, there are many people who are currently paying too much in property taxes. As your home value goes up even more, when you sell your home, you may have to pay more in property taxes.
Check out your property assessment today to find out if the assessed value is accurate. You can call the courthouse and ask them to mail the assessment or we can reach out to the courthouse for you. If you think the assessed value is wrong, check the assessment for errors. Make sure the square footage is accurate and that the assessor didn’t miss something on your property.
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A Realtor can tell you the current
market value of your home.
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market value of your home.
You should also contact a Realtor to determine the market value of your home. Then, you can contact the assessor’s office and make an appointment to discuss the value of your property.
In my experience, you have a 50/50 chance of getting the assessor to reconsider your property’s value. Those are pretty good odds. Property assessments do tend to be more in line with market values these days, but there are still a few assessments out there that are too high.
If you have any questions about your property taxes or about real estate in general, give me a call or send me an email. I would be happy to help you!
